GreenPower Motor Company Inc. Reverse Takeover and $3.28 Million Financing


We recently assisted with the completion of the going public transaction for GreenPower Motor Company Inc. (TSXV:GPV) (“GreenPower”), which was completed by way of a reverse takeover of Oakmont Minerals Corp. (TSXV:OMK).  In connection with its going public transaction, GreenPower also completed a private placement to raise approximately $3.28 million, partially on a brokered basis.  GreenPower is an electric bus manufacturer with a focus on the North American market.  The EV350 electric bus is GreenPower’s flagship product.  It is a 12 meter electric bus deploying the latest electric drive, battery technologies, and battery management system combined with a lightweight chassis and low floor body.  It is a zero-emission vehicle, meaning that no emissions are emitted from the vehicle when it is operating.

For more information regarding reverse takeover and going public transactions, please contact Virgil Hlus, Craig Rollins and Nafeesa Valli-Hasham who represented Oakmont Minerals Corp. in this going public transaction.